Follow the Leader: Theory and Evidence on Political Participation: A Comment
In a very influential paper, Shachar and Nalebuff (1999) develop and estimate structurally a pivotal-leader model of political participation, focusing on the first-order condition of the problem solved by the leaders of two political parties. This note (1) shows that the problem of the party leaders is not necessarily concave, (2) provides conditions for concavity, and (3) attempts to verify whether these conditions hold for the parameter values estimated by Shachar and Nalebuff.
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- Barry Nalebuff & Roni Shachar, 1997.
"Follow The Leader: Theory And Evidence On Political Participation,"
Yale School of Management Working Papers
ysm57, Yale School of Management.
- Barry Nalebuff & Ron Shachar, 1999. "Follow the Leader: Theory and Evidence on Political Participation," American Economic Review, American Economic Association, vol. 89(3), pages 525-547, June.
- Stephen Coate & Michael Conlin, 2004. "A Group Rule–Utilitarian Approach to Voter Turnout: Theory and Evidence," American Economic Review, American Economic Association, vol. 94(5), pages 1476-1504, December.
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